RALEIGH, NC – Joseph A. Smith, Jr., Monitor of the national mortgage settlement, today announced that he has received preliminary data from the five servicers participating in the settlement. The data details the consumer relief activity conducted by each servicer for the period between March 1, 2012 and June 30, 2012. In response to this news, he released the following statement:
“I have received the preliminary consumer relief and servicing standards data from each of the five servicers subject to the national mortgage settlement. I am now thoroughly reviewing the data. Within the next several weeks, I will release an official report with my analysis of these numbers and other issues pertaining to the settlement.”
More information about the mortgage settlement is available at www.nationalmortgagesettlement.com. Further information about Joseph Smith and the Office of Mortgage Settlement Oversight is available at www.mortgageoversight.com.